John F. Schultz - Dec 9, 2022 Form 4 Insider Report for Hewlett Packard Enterprise Co (HPE)

Role
EVP, COLO
Signature
Ki Hoon Kim as Attorney-in-Fact for John F. Schultz
Stock symbol
HPE
Transactions as of
Dec 9, 2022
Transactions value $
$3,387,430
Form type
4
Date filed
12/13/2022, 08:46 PM
Previous filing
Dec 12, 2022
Next filing
Dec 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HPE Common Stock Options Exercise $635K +39.3K +16.38% $16.15 280K Dec 10, 2022 Direct
transaction HPE Common Stock Tax liability -$268K -16.6K -5.94% $16.15 263K Dec 10, 2022 Direct
transaction HPE Common Stock Options Exercise $985K +61K +23.2% $16.15 324K Dec 10, 2022 Direct
transaction HPE Common Stock Tax liability -$389K -24.1K -7.44% $16.15 300K Dec 10, 2022 Direct
transaction HPE Common Stock Options Exercise $904K +56K +18.67% $16.15 356K Dec 9, 2022 Direct
transaction HPE Common Stock Tax liability -$356K -22K -6.19% $16.15 334K Dec 9, 2022 Direct
transaction HPE Common Stock Options Exercise $178K +11K +3.31% $16.15 345K Dec 9, 2022 Direct
transaction HPE Common Stock Tax liability -$70.2K -4.35K -1.26% $16.15 341K Dec 9, 2022 Direct
transaction HPE Common Stock Award $670K +41.5K +12.18% $16.15 382K Dec 9, 2022 Direct F1
transaction HPE Common Stock Tax liability -$298K -18.5K -4.83% $16.15 364K Dec 9, 2022 Direct
transaction HPE Common Stock Award $2.4M +149K +40.88% $16.15 512K Dec 9, 2022 Direct F2
transaction HPE Common Stock Tax liability -$1M -62.2K -12.14% $16.15 450K Dec 9, 2022 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HPE Restricted Stock Units Options Exercise -39.3K -100% 0 Dec 10, 2022 Common Stock 39.3K Direct F3, F4
transaction HPE Restricted Stock Units Options Exercise -61K -50% 61K Dec 10, 2022 Common Stock 61K Direct F3, F5
transaction HPE Restricted Stock Units Options Exercise -56K -33.33% 112K Dec 9, 2022 Common Stock 56K Direct F3, F6
transaction HPE Restricted Stock Units Options Exercise -11K -33.33% 22.1K Dec 9, 2022 Common Stock 11K Direct F3, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On 12/10/19 the reporting person was granted performance adjusted restricted stock units ("PARSUs") subject to Non-GAAP Net Income and relative total stockholder return conditions being met at the time of vesting. These PARSUs vest 50% after 2 and 3 years subject to performance and are issued in Issuer's common stock.
F2 On 12/10/20 the reporting person was granted PARSUs subject to Non-GAAP Net Income and relative total stockholder return conditions being met at the time of vesting. These PARSUs vest 50% after 2 and 3 years subject to performance and are issued in Issuer's common stock.
F3 Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
F4 As previously reported, on 12/10/19 the reporting person was granted 110,480 restricted stock units ("RSUs"), 36,826 of which vested on 12/10/20, 36,827 of which vested on 12/10/21, and 35,270 of which vested on 12/10/22. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Issuer's common stock. The number of derivative securities in column 5 also includes 4,078 vested dividend equivalent rights and a de minimus adjustment of 0.4842 due to fractional rounding of the dividend equivalent rights.
F5 As previously reported, on 12/10/20 the reporting person was granted 178,424 RSUs, 59,474 of which vested on 12/10/21, 57,081 of which vested on 12/10/22, and 57,081 of which will vest on 12/10/23. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Issuer's common stock. The number of derivative securities in column 5 also includes 3,916 vested dividend equivalent rights and a de minimus adjustment of 0.2726 due to fractional rounding of the dividend equivalent rights.
F6 As previously reported, on 12/09/21 the reporting person was granted 162,549 RSUs, 54,183 of which vested on 12/09/22, and 54,183 of which will vest on each of 12/09/23 and 12/09/24. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Issuer's common stock. The number of derivative securities in column 5 also includes 1,799 vested dividend equivalent rights and a de minimus adjustment of 0.4393 due to fractional rounding of the dividend equivalent rights.
F7 As previously reported, on 06/21/22, the reporting person was granted 32,510 RSUs, 10,836 of which vested on 12/09/22, and 10,837 of which will vest on each of 12/09/23 and 12/09/24. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Issuer's common stock. The number of derivative securities in column 5 also includes 204 vested dividend equivalent rights and a de minimus adjustment of 0.1326 due to fractional rounding of the dividend equivalent rights.